2009.04.21 10:00:48
Ok I’m out at our bay on Great Barrier.
I went fishing today and caught 3 decent kahawai but didn’t get the chance to pop out to my favorite King Fish spot. I will tomorrow though.
I thought I best drop a not here though as we see volatility hit the NZ markets.
Today the New Zealand dollar recovered from one-month lows after a hefty slide overnight, but further falls are on the cards if US stocks continue to decline.
I notice a new raft of companies coming to the market to raise funds which makes me wonder how much money the banks are sitting on now that they are not lending to the big corporates.